Swiss Re has named Paul Murray as its new CEO Reinsurance Asia, Regional Director, and member of the Group Executive Committee, succeeding Russell Higginbotham, who will become the CEO of Reinsurance Solutions.
The move, set for 1 April, will see both men report to Moses Ojeisekhoba, CEO Reinsurance.
Christian Mumenthaler, group CEO of Swiss Re, said: “We are pleased that Russell Higginbotham has accepted this new important position, driving forward our Reinsurance Solutions strategy. This is a growing part of our Reinsurance franchise that we have been developing over the past years, and we are confident that Russell will take it to the next level.”
He added: “In Paul Murray, we have a strong leader with over 25 years of experience in re/insurance. His strong understanding of the Asia market, performance focus, and deep knowledge of Life & Health business, which forms a significant part of our Asia business, makes him the ideal candidate for this role.“
Murray is currently head life & health products in Reinsurance, a position he has held since December 2018. Since joining Swiss Re in 2003, he has been in a range of senior leadership roles in Asia and EMEA, as well as various global functions. Higginbotham was appointed to his present role in August 2018.
